Hedge Fund Accountant (Temporary)

AbroadWorks Inc; Philippines; Remoto; PHP 433.000 - 779.000; Tempo pieno

Descrizione del lavoro

AbroadWorks Inc. is seeking a Hedge Fund Accountant (Temporary) to support NAV production for a private equity client portfolio. This fully remote role is based in the Philippines and offers a competitive hourly rate with a Monday–Friday schedule aligned to Pacific Standard Time.

The candidate will handle capital activity, cash reconciliations, pricing, and investor communications while supporting year‑end audits and regulatory reporting. Strong Excel and fund knowledge are essential.

Competenze

• Prior fund accounting experience is required.
• Strong knowledge of Microsoft Excel.
• Solid interpersonal and communication skills.
• Strong organizational skills and ability to manage multiple priorities and deadlines.
• Flexibility to adapt to changing requirements.

Mansioni

• Assist in NAV production and capital activity recording.
• Record cash activity and perform cash reconciliations.
• Price portfolios per fund documents and ensure expenses are accrued.
• Prepare investor statements and contract notes.
• Support financial statement preparation and year-end reporting.
• Assist with audits and tax requests.
• Process cash transactions and post GL entries.
• Maintain accurate documentation and update Wrike for status tracking.
• Support SOC audit and provide supporting documentation.

Conoscenze

Fund accounting

Communication

Time management

Excel

Multitasking

Strumenti

PFS-Paxus

Descrizione del lavoro

Job Title: Hedge Fund Accountant (Temporary)

Location: Fully Remote, Philippines

Rate: $5.00 - $9.00 per hour based on experience

Schedule: Monday to Friday, Pacific Standard Time

Job Type: Full-Time

Job Description

As a Hedge Fund Accountant, you will be responsible for supporting the NAV production process for a private equity client portfolio working closely with Senior Fund Accountants and Management. As part of the Private Equity Team, you will work with close-ended Funds specializing in private equity, private debt, real estate and venture capital.

Requirements

• Prior fund accounting experience is required
• Understanding of closed-ended funds is a plus
• Accounting designation experience is preferred
• Strong knowledge of Microsoft Excel
• Solid interpersonal and communication skills
• Strong organizational skills
• Ability to handle multiple demands, competing priorities, and constant change
• Ability to allocate time effectively and manage tight deadlines
• Prior experience with PFS-Paxus is desired, but not required
• Ability to manage own time and workload effectively ensuring both internal and external deadlines are met

Responsibilities

• Assisting with the preparation of net asset value calculations on a timely basis, which includes:
• Recording capital activity such as capital calls & distributions
• Recording cash activity and performing cash reconciliations
• Pricing portfolios in accordance with funds offering documents
• Ensuring fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards
• Preparing Investor Statements and contract notes
• Supporting preparation of financial statements
• Supporting year-end audit and tax reporting requests
• Supporting responses to ad-hoc reporting requests as required by clients
• Process cash transactions - including but not limited to posting of GL entries, investment purchases/sales and corporate actions.
• Review of investment supporting documentation to ensure accuracy of booking
• Refresh NAV Workbook after each cash transaction and resolve any discrepancies.
• Prepare and reconcile income and expense accruals, including calculating admin fees, management fees and carried interest in line with relevant accounting standards.
• Refresh Financial Statements and resolve any discrepancies.
• Upload Fund Pricing schedules
• Run NAV reporting packages
• Refresh Tax & AWP workbooks
• Enter Capital calls & distributions
• Prepare investor notices
• Interacting with clients - assisting with any questions, ad hoc requests and providing support
• Assisting in year-end audits and liaising with Audit and Tax providers
• Coordinating with Investor Services team on counterparts update, investor/client requests
• Collaborate with internal and external parties to meet client requirements and address investor inquiries
• Updating Wrike daily to ensure status of work is up to date to ensure deadlines are met
• Support in SOC Audit and providing supporting documentation for samples
• Documenting procedures on funds
• Preparing sub close calculations including equalization and equalization interest on an investor per investor basis.
• Provide Cash Management Services for distribution and any fund expenses
• Perform Waterfall/carried interest calculations.

Successful candidates for this role are expected to possess the following attributes:

• Must have excellent English communication skills.
• Has the ability to complete projects in a timely manner and quickly adjust to changing circumstances and embrace new technologies, processes, or methods.
• Great logical and verbal reasoning skills.
• Exceptionally detail-oriented.
• Exceptional problem-solving and information-processing skills.
• Ability to think outside the box.
• A great work ethic and interest in learning new concepts and growing with the job.
• Ability to work both independently and as part of a team.
• Must have their own work device (preferably a desktop or laptop) and a stable internet connection.
• Must be comfortable with using a time-tracking software for payroll purposes.
• Must be willing to undergo a background verification check during the final stages of the hiring process.

Successful candidates for this role will be rewarded with the following benefits:

• A total of five paid vacation days per year (additional days can be taken unpaid).
• A 5% raise per year guaranteed (additional raises or bonuses may be given for outstanding performance).
• A paid 15-minute break for every 4 hours of work.
• Healthcare benefits after 2 months of full-time work.